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806-812 Broad St - 806-812 Broad St Opportunity, Shrewsbury NJ 1 Acre of Commercial Land Offered at $2,474,675 CAD in Shrewsbury, NJ 07702

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INVESTMENT HIGHLIGHTS

Oversized Lot in most desirable Peninsula Community of Monmouth County.
Investment Opportunity or Great Owner/User Investment.

Mix-Use Opportunity

EXECUTIVE SUMMARY

Welcome to one of Monmouth County's most sought-after areas - the vibrant commercial district of Shrewsbury.This prime location offers unparalleled access to major thoroughfares, including Rte 18, the Garden State Parkway, and is just minutes from downtown Red Bank. Situated near the newly developed Fort Monmouth community, including the 300 acre development of Netflix production Studio and surrounded by other nationally recognized “Anchor Tenants” - Bloomies, J Crew, LuLu Lemon, the GAP, Williams Sonoma, Pottery Barn, Chase Bank, Fidelity Investments, Saks Off Fifth & TJ Max, etc. Shrewsbury presents a unique blend of residential charm and a large commercial presence with lots of growth potential. Rich in cultural and historical significance, this community is an ideal place to invest, grow a business, or call home. Don't miss out on this rare chance to become a part of the thriving peninsula community to this development opportunity! Bring your own plans or plan within the current owners feasibility designs, this is a rare opportunity to become part of the landscape of the remarkable area.

806-812 Feasibility Study w. Twnhouse

812 Broad NJDEP LOI Approved 05-25-23

806-812 Broad Street, Shrewsbury, NJ 07702, Shrewsbury, UM 07702 | Crexi.com

806 Broad NJDEP LOI Survey (rev 05-21-24)

806-812 Broad St Zoning Info

806-812 Broad Commercial Building Plans

PROPERTY FACTS

Price	$2,474,675 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Build to Suit Redevelopment Project	Proposed Use	Commercial Retail Office Mixed Use Apartment Units - Condo Bank Tienda de conveniencia Distribution Healthcare Health Club Hold For Development Hold For Investment Medical Restaurant Self Storage Storefront, Retail or Residential
No. Lots	1	Total Lot Size	1.00 AC
Zoning	B-1 Business ZoneDistrict - B-1 Business Zoning District - See PDF Description attached pdf in Documents.

Price	$2,474,675 CAD
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Apartment Units - Condo Bank Tienda de conveniencia Distribution Healthcare Health Club Hold For Development Hold For Investment Medical Restaurant Self Storage Storefront, Retail or Residential
Total Lot Size	1.00 AC
Zoning	B-1 Business ZoneDistrict - B-1 Business Zoning District - See PDF Description attached pdf in Documents.

1 LOT AVAILABLE

Lot 806 - 812

Price	$2,474,675 CAD	Lot Size	1.00 AC
Price Per AC	$2,474,675.09 CAD

Price	$2,474,675 CAD
Price Per AC	$2,474,675.09 CAD
Lot Size	1.00 AC

Two adjoining lots for sale approximately one acre w/ a buildable area of approximately 3/4 acre. This is a mix-use/commercial zoned property offered with feasibility studies for either a mix-use commercial/residential or small townhouse community.

DESCRIPTION

Two Separate Lots to be combined allowing for an oversized Lot with the potential to build an 11000 sq. ft. footprint building for a retail/residential mix use in accordance with Shrewsbury NJ B-1 Zoning allowances (PDF attached) or a Small Townhouse Community with 8 Townhomes of approximately 2350 sq. ft each. All Environmental studies have been conducted for wetland setbacks and buildable space allotment. All Studies and Surveys are attached as PDF"s. This is a rare opportunity to develop in a thriving and desirable commercial/residential community.

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